Quilcene Oysterla farms and sells oysters in the Pacific Northwest. The company harvested and sold 7,400 pounds of oysters in August. The company's flexible budget for August appears below: Quilcene oysteria Flexible Budget For the Month Ended August 31 Actual pounds (g) 7,400 $ 30,710 Revenue 4.15g) Expenses: Packing supplies ($0.35q) oyster bed maintenance ($3,300) Nages and salaries ($2,100+ $0.30g Shipping ($0.70g) Utilities ($1,260) other ($420 $0.01q) 2,590 3,300 4,320 5,180 1,260 494 17,144 $13,566 Total expense Net operating income The actual results for August appear below: Quilcene Oysteria Income Statement For the Month Ended August 31 Actual pounds Revenue Expenses: 7,400 $ 26,600 Packing supplies oyster bed maintenance Nages and salaries Shipping Utilities Other 2,760 3,160 4,730 4,910 1,070 1,114 17,744 S B, 856 Total expense Net operating income Requirec Calculate the company's revenue and spending variances for August. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (l.., zero variance). Input all amounts as positive values.) Quilcene Oysteria Revenue and Spending Variances For the Month Ended August 31 Revenue Expenses: Packing supplies Oyster bed maintenance Wages and salaries Shipping Utilities Other Total expense Net operating income